Taal Volcano in the Philippines has erupted, launching a column of ash and steam approximately 1,200 metres into the air.
The event marks a significant escalation in volcanic activity for the region, which has been under heightened alert following recent seismic disturbances.
The eruption comes shortly after a 6.5-magnitude earthquake struck off the southern Philippines, compounding concerns about geological stability in the archipelago.
Earlier this month, a deadly tremor impacted the Mindanao region, underscoring the persistent natural hazard risks facing the country.
While immediate market impacts are not yet evident, the eruption poses potential risks to local aviation and infrastructure.
Traders and investors should monitor for any disruptions to regional supply chains or travel routes, particularly if ash clouds expand toward major transport corridors.